Bitstamp has suspended customer withdrawals of Bitcoins from the site to their own wallets. Bitstamp’s action follows a similar suspension imposed by Mt Gox imposed last week. Slovenia-based Bitstamp claimed a denial-of-service…
Tag: Virtual Currency
India questions Bitcoin’s credibility; refrains from pronouncing it illegal
New Reserve Bank of India (RBI) Governor Raghuram Rajan has reiterated the central bank’s concerns over the credibility of virtual currencies like Bitcoin pointing out the ambiguities surrounding Bitcoin’s value. Speaking at…
Mt Gox: Bitcoin ‘transaction malleability’ bug forced us to suspend withdrawals
Mt Gox has revealed in an update on its site that it temporarily suspended Bitcoin withdrawals to address a design issue that inherently affects all transactions where Bitcoins are sent to a…
Apple removes ‘Blockchain’ Bitcoin app from App store
Apple has taken off Blockchain, a Bitcoin wallet app for iPhones using which users were able to send and receive Bitcoins, from its App store. The iPad informed Blockchain.info, the developer of…
Microsoft allows Bitcoin trading app on Windows Phone 8
Microsoft has approved an update to Kraken app for Windows Phone 8 that adds Bitcoin trading capabilities to the app making it the first ever app on the platform to have such…
Sweden’s largest Bitcoin exchange Kapiton.se MIA; users complain of missing funds
Scenes at Sweden’s largest Bitcoin exchange Kapiton have been chaotic since November last year and users of the exchange have been filed official police complaints with the police about missing funds. The…
Zynga testing Bitcoin in-app payments
Zynga is also joining the Bitcoin bandwagon and has announced that it is testing Bitcoin based in-app payments for a few of its titles. Zynga has partnered with Bitcoin payment processor BitPay…
Taiwanese regulators issue warning against use of Bitcoin
Financial regulators of multiple countries have handed out warnings against the use of virtual currencies like Bitcoins and the latest to join the list is Taiwan. The country’s Financial Supervisory Commission (FSC)…
FinCEN rules in favour of Bitcoin miners
Financial Crimes Enforcement Network (FinCEN), US has cleared up one issue that pertains to Bitcoin mining by siding Bitcoin miners ruling that those who mine it for their own purpose and not…
Bitcoin operators, exchanges in India suspend operations amid government warning
Bitcoin operators and exchanges in India have suspended operations temporarily after Reserve Bank of India (RBI) issued a circular on Christmas eve cautioning users of the risks involved with virtual currencies like…
Dogecoin suffers first ever hack as $13,000 in virtual currency stolen from Dogewallet
The virtual currency Dogecoin has suffered its first ever setback as a hacker has made away with approximately 21 million in Dogecoins valued at $13,000 ($0.00062 per Doge) from online wallet service…
Reserve Bank of India cautions users on risks associated with virtual currencies like Bitcoin
Reserve Bank of India (RBI) has cautioned users of virtual currencies like Bitcoin, Litecoin, and Dogecoin on the risks associated with them and that it is looking at the use and trading…
Norway says Bitcoin isn’t real money, will impose tax on savings
Days after European Banking Authority (EBA) issued a warning against virtual currencies like Bitcoin, Norway has said that Bitcoin isn’t real money and they will treat savings in Bitcoins as assets, which…
European Banking Authority issues warning on Bitcoin
The European Banking Authority (EBA) has issued a warning on the risks involved with virtual currencies like Bitcoin stating that consumers are not protected through any regulation and they may be at…
Bitcoin crashing? Sheep Marketplace heist may lead to decline in pricing
Having reached trading peaks of over $1,230 at Mt.Gox, Bitcoin prices have started to correct once again and have hit the low of $863 in early hours of trading today indicating that…